CBIC amended an older notification related to the AIDC and BCD on crude soya, sunflower and palm oils

Jan 16, 2024 | by TeamLease RegTech Legal Research Team

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Finance & Taxation ComplianceThe Central Board of Indirect Taxes & Customs (CBIC) on January 15, 2024, issued to notification to amend notification no. 48/2021-Customs, dated October 13, 2021, and 49/2021-Customs, dated October 13, 2021, related to the AIDC and BCD on crude soya, sunflower and palm oils.

The following amendments have been stated:

In notification no. 48/2021-Customs, dated October 13, 2021, in paragraph 2, for the figures “2024”, and the figures “2025” has been substituted.

In notification no. 49/2021-Customs, dated October 13, 2021, in paragraph 2, the words, figures, and letters “Provided that nothing contained in this notification shall apply to the goods specified against serial numbers 1, 2 and 3 of the Table above on or after April 01, 2024.” shall be omitted.

[Notification No. 02/2024-Customs]


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